Description
Overview of Galaxy Entertainment Group Limited H1FY24 Report
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the H1FY24 report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for H1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the H1FY24 report with the reports from FY23
and H1FY23; - Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company Half - year reports are unaudited.
H2FY23 results calculations in the Data40.com report were based on financial reports for the annual report FY23 and H1FY23. These Half results calculations are for informational purposes only and should not be used as a guide for assessing the materiality of information.
Document Markup
- FY - Financial Year;
- H - Half;
- Q - Quarter;
- GEG - Galaxy Entertainment Group Limited;
- PoP - Period-over-Period;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Galaxy Entertainment Group H1FY24 Report Period is from January 1 to June 30, 2024.
Short Insights
- Net Gaming Revenue was 16,776 million HKD increased by 9.09% compared to 15,738 million HKD in H2FY23;
- Profit (loss) for the period of 4,407.244 million HKD increased by 52.11% compared to 2,897.450 million HKD in a comparable prior-year period;
- EPS Basic and Diluted of 100.3 HKD and 100.3 HKD, respectively;
- Announced the opening of Capella at Galaxy Macau in mid-2025.